Recently, US President Donald Trump’s fee announcement has now come into effect to some other countries in the world, including China and India. India is the fifth country in the world that exports the highest honey to the United States. But now this fee is a great concern for exporters. Exporters are afraid that India may face loss due to fees. At the same time, they fear that this will benefit the rival countries such as Argentina, New Zealand and the UK, because the second largest exporter, China, has made a fee tough.
Why can India benefit
The Government of India hopes that India will benefit from the quality. Exporters expect potential changes in the anti -dumping duty. Citing a senior government, the Hindu Business Newspaper said, ‘Our natural honey is based on the mustard crop, which makes bees bees. There is no such honey in any other country, which changes according to the climate, which gives acceptance.
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Two issues in front of exporters
If the evidence is to be believed, the government can also review the minimum export price recommended for honey. The government may consider that it is reduced or completely eliminated after the US fee. In the year 2023 calendar from India, total natural honey exports were sent to the United States for $ 185 million and $ 161.08 million. According to the authorities, there are currently two problems topping, one is to pay 5.8 percent of Indian honey, and the other is to be paid by the United States.
Information will be available within next week
Kejriwal Becke India Managing Director Prakash Kejriwal told the newspaper that there will be proper fare rates within the next week. After this, the final dumping duty will be decided. Kejriwal Becrey is number one in exporting honey to the United States. By 2022, the United States had three Indian companies. Of this, an exporter was charged 6.24 per cent, while the other exporter was 5.87 per cent. But in Vietnam, the anti -dumping duty in Vietnam was 60.03 per cent and only two exporters were 58.74 per cent and 61.27 per cent.
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You can get some benefits
Trump has 26 percent of the fee on India. This is 46 percent in Vietnam and 10 percent in Argentina. Some exporters believe that Argentina may have some benefits in India. According to Aptaa data, Argentina finished second with $ 133.81 million. Argentina fees and anti -dumping duty are 27 percent. The anti -dumping duty in Argentina is different. Exporters are now expected to make a profit of 0.6 per cent on anti -dumping duties in the next few days.
